2006 was a year of surprises in the auto industry - most of them bad. By Alex Taylor III, Fortune senior editor
The Jaguar X-type wagon
Flop of the year
Sales of Jaguars plunged 31.4 percent through October. Leading the fall was the "sub-luxury" X-type, the car that was supposed to vault Jag into the big leagues but displayed its Ford engineering a bit too proudly.
Kerkorian selling his stock removes a big psychological barrier. But beleaguered General Motors CEO Rick Wagoner still faces many hurdles ahead. (more)